Five-Bay Auto Repair
New
For Sale
$459,900
8 Highway 19 N, Inglis, FL 34449
Highway-facing shop includes customer office space, two bathrooms, and separate storage structures.
Property Size3,000 SF
Price / SF$153.30
Days on Market2
Property Features for 8 Highway 19 N
General Information
Standard status
Active
Size
3,000 SF
Property subtype
Industrial
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Service Bays
5
Taxes and HOA fees
Annual Taxes
$2,436
Amenities
roll-up doors
paved parking
private bathroom
shed
shipping container
new AC
updated electrical panel
Building Details
Building Size
3,000 SF
Year Built
1988
Buildings
1
Listing Agency:
488 Real Estate
Listed By:
Shawnette Cain · License #3463837
(352) 535-3288
Source:
Elliman
Added: Oct 12
Changed: Oct 13
Last Checked: Oct 13 at 2:28AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of 488 Real Estate
Investment Insights
Based on property information with market context.
This 3,000-square-foot automotive shop has five service bays with roll-up doors and dedicated work areas. A 30-by-20-foot front room provides retail or office space and includes a private bathroom; a second bathroom serves the shop area. The site also has paved parking, a storage shed, and a shipping container. Improvements include a newer AC system and an updated electrical panel. A downdraft paint booth and compressor are available separately for purchase.
The property fronts US Hwy 19, with 50 feet of highway frontage, and is located 10 miles north of the Phase 3 Suncoast Parkway extension. Built in 1988, the building combines shop, customer-facing, and storage areas in one commercial property.
The property fronts US Hwy 19, with 50 feet of highway frontage, and is located 10 miles north of the Phase 3 Suncoast Parkway extension. Built in 1988, the building combines shop, customer-facing, and storage areas in one commercial property.
Key Highlights
- 3,000‑square‑foot automotive shop with five service bays and roll‑up doors
- 50 feet of frontage on US Hwy 19
- 30 x 20 front retail/office area with private bathroom; second bathroom in shop area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,809
Cap Rate
6.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$636,180
$636.2K
Cap Rate 7%
$454,414
$454.4K
Cap Rate 9%
$353,433
$353.4K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$48.6K $16.20/SF
− Vacancy
−$3.2K −$1.05/SF
EGI
$45.4K $15.15/SF
− OpEx
−$13.6K −$4.54/SF
NOI
$31.8K $10.60/SF
Area
Levy County, FL
Vacancy
6.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$636,180
Cap Rate 7%
$454,414
Cap Rate 9%
$353,433
Alternative Uses
Best Use
Retail
$454.4K
$397.6K – $530.2K
NOI $31,809 @ 7.0% cap · market cap 6.92%
Second Best
Industrial
$290.7K
$254.4K – $339.2K
NOI $20,349 @ 7.0% cap · market cap 4.42%
Theoretical Best
Office A
$743.0K
$650.2K – $866.9K
NOI $52,013 @ 7.0% cap · market cap 11.31%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
5
Service bays
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
150
Businesses Nearby
41k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 76%
Groceries 14%
Dining 9%
Shell
Shops & Services
8,284 visits/mo
0.1 miles
Circle K
Shops & Services
7,674 visits/mo
0.1 miles
Dollar General
Shops & Services
7,526 visits/mo
0.2 miles
Food Ranch Supermarket
Groceries
5,799 visits/mo
0.2 miles
Family Dollar
Shops & Services
5,024 visits/mo
0.2 miles
Demographics for 34449, FL
3,421
Population
1,986
Households
1.7
Avg Household Size
56
Median Age
13%
College-Educated
87%
High-School Grad
130.7 sq mi
ZIP Area
26
Density / Sq Mi
$52,760
Median Household Income
$27,108
Median Earnings
$775
Median Rent
$143,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- homes & auto repair — 35 Allen Ave, Inglis, FL 34449
- Blake's Auto — 12 U.S. Hwy 19, Inglis, FL 34449
- Kar Parts — 38 Hwy 40 W, Inglis, FL 34449
- DAVE'S AUTOWORLD — 14 U.S. Hwy 19, Inglis, FL 34449
- Rusted L Trading Co — 12 U.S. Hwy 19, Inglis, FL 34449
Frequently Asked Questions
What type of property is this?
Auto shop - Highway-facing shop includes customer office space, two bathrooms, and separate storage structures.
Where is this auto shop located?
The property is located at 8 Highway 19 N Inglis, FL.
What is the asking price?
The asking price for this property is $459,900.
What are key features of this property?
This property features: 3,000‑square‑foot automotive shop with five service bays and roll‑up doors; 50 feet of frontage on US Hwy 19; 30 x 20 front retail/office area with private bathroom; second bathroom in shop area
